Abstract
Often it is assumed that there is basically only one kind of economic rationality. In fact there are at least two quite different kinds of economic rationality. One we might call the ‘consequentialist’, and the other the ‘coherentist’. There might be more than just two different kinds of economic rationality, but it seems to me that these two kinds are the two paradigmatic ones, i. e. all other kinds of economic rationality are variants of one or the other. These two paradigmatic kinds of economic rationality are not kept separate because an identification of these two kinds would make the theory of economic rationality immune to almost every kind of critique, including the counterfactual critique.
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References
Cf. Broome (1991).
See Brink (1989), Birnbacher (1988), Hare (1981) and Trapp (1988).
See Nagel (1980), Scheffler (1982) and Parfit (1986).
For a more technical exposition see ch. 2, sec. 1.
See also Sen (1978).
See also ch. 7.
See Axelrod (1984), Schüssler (1990), Gauthier (1986), and ch. 8 in this volume.
See also ch. 9.
Rapoport (1965).
See Gauthier (1986), ch. IV.
Cf e. g. Edgeworth (1881) and Becker (1976).
Simon (1983). 13 Slote (1989).
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© 1997 Springer Science+Business Media Dordrecht
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Nida-Rümelin, J. (1997). Non-consequentialist Economic Rationality. In: Economic Rationality and Practical Reason. Theory and Decision Library, vol 24. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-8814-0_6
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DOI: https://doi.org/10.1007/978-94-015-8814-0_6
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